605 - 609 Douglas Avenue Providence

$300,000
4,348 sq ft

The Property

4,348 SF Business for Sale – Mir Mediterranean Bar & Grill

An incredible opportunity to own an established and fully operational Mediterranean restaurant in the heart of Providence! Mir Mediterranean Bar & Grill is a well-known dining destination with a loyal customer base, elegant ambiance, and strong local following.

This turnkey business includes all furniture, fixtures, and equipment (FF&E). Hooka bar additional. lease $7,000 a month

The space features a fully equipped commercial kitchen, modern bar setup, and stylish dining area perfect for private events or daily service.

Located on Douglas Avenue, a high-traffic corridor with excellent visibility and easy access, this site benefits from both strong local traffic and nearby college and residential communities.

Highlights:

Established restaurant with proven revenue

Fully equipped kitchen and bar

All FF&E included in sale

Prime Providence location with strong street presence

Ample parking and easy accessibility

A perfect opportunity for restaurateurs, investors, or culinary entrepreneurs looking to continue a thriving operation or rebrand in a sought-after location.

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Contact Associate

Listing Details

MLS Number

1399299

Lot Size:

0.22 acres

Features

  • Free Standing
  • Year Built: 1940

Market Trends for Commercial Properties
in Providence

  • Overview
    Homes for Sale Today72-89.7% decrease in inventory
    New on Market *8-66.7% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$43.55$46,128 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$981,667$248,167 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *92.28%-3.7% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$202.16$45 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *576460 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Homesmart Professionals

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